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Full-Text Articles in Labor Economics

Credit Risk And Corporate Governance, Olivier Mugisho Mudekereza Aug 2017

Credit Risk And Corporate Governance, Olivier Mugisho Mudekereza

Theses and Dissertations

Is the executive’s compensation structure influenced by the credit rating assigned to his company? I analyze a panel of U.S. public firms using the random-effects and fixed-effects estimations. Compared to firms with lower credit risk, I find that firms facing higher probability of default provide more incentives for their CEOs.


Three Essays On Human Capital And Wages Of Refugees And Other Immigrants In The U.S., Abdihafit Shaeye Aug 2017

Three Essays On Human Capital And Wages Of Refugees And Other Immigrants In The U.S., Abdihafit Shaeye

Theses and Dissertations

Human capital is an important mechanism that influences both the migration decisions of immigrants and the rate at which immigrants assimilate in the host country. Returns to human capital could be correlated with difficult-to-observe factors such as self-selection, and legal status, and these unobservables can affect the economic assimilation of immigrants into the host country differently. The objective of this dissertation is to investigate the returns to human capital for refugees and other immigrants during the first two decades after they come to the U.S. Refugees are a subset of immigrants who have different characteristics and face different constraints than …


Unemployment, Does It Really Hurt?, Claudia Vargas May 2017

Unemployment, Does It Really Hurt?, Claudia Vargas

Theses and Dissertations

This paper analyzes the consequences of changes in the unemployment rate in Colombia on the level of education attained for adolescents. Increases in the unemployment rate are associated with an increase in the average number of years of education. No significant effect was found for men of the same age.